DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - California to go bankrupt! raises taxes through roof

**paydayloanfasters** · 02-19-2009, 09:13 PM

Just saw on TV that it passed.

The budget proposal would raise the state sales-tax rate to 8.25 percent from 7.25 percent; boost vehicle license fees to 1.15 percent from 0.65 percent of the value of an automobile; add 12 cents to the per-gallon gasoline tax; reduce the dependant-care tax credit to $100 from $300 and impose a surcharge of as much as 5 percent on income taxes, amounting to an extra $50 for every $1,000 owed to the state."

02-19-2009, 09:13 PM	#2
paydayloanfasters Join Date Oct 2005 Posts 299 Senior Member	Just saw on TV that it passed. The budget proposal would raise the state sales-tax rate to 8.25 percent from 7.25 percent; boost vehicle license fees to 1.15 percent from 0.65 percent of the value of an automobile; add 12 cents to the per-gallon gasoline tax; reduce the dependant-care tax credit to $100 from $300 and impose a surcharge of as much as 5 percent on income taxes, amounting to an extra $50 for every $1,000 owed to the state."
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